SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (date of earliest event reported): August 12, 1999 Commission Registrant, State of Incorporation, I.R.S. Employer File Number Address and Telephone Number Identification No. - ----------- ---------------------------------- ----------------- 1-6047 GPU, Inc. 13-5516989 (a Pennsylvania corporation) 300 Madison Avenue Morristown, New Jersey 07962-1911 Telephone (973) 455-8200 1-446 Metropolitan Edison Company 23-0870160 (a Pennsylvania corporation) 2800 Pottsville Pike Reading, Pennsylvania 19640-0001 Telephone (610) 929-3601 1-3522 Pennsylvania Electric Company 25-0718085 (a Pennsylvania corporation) 2800 Pottsville Pike Reading, Pennsylvania 19640-0001 Telephone (610) 929-3601 ITEM 5. OTHER EVENTS. ------------- As previously reported, in October 1998, the Pennsylvania Public Utility Commission ("PaPUC") issued final orders ("Restructuring Orders") approving settlement agreements entered into by Metropolitan Edison Company ("Met-Ed") and Pennsylvania Electric Company ("Penelec") in their restructuring proceedings with all but two parties to the restructuring proceedings. Those two parties filed separate appeals with the Pennsylvania Commonwealth Court on various grounds. Met-Ed and Penelec subsequently settled with one appellant which then withdrew its appeal. On August 12, 1999, the Pennsylvania Commonwealth Court, in a 5-2 decision, denied the remaining appeal filed by State Representative George and upheld the PaPUC's actions in issuing the Restructuring Orders. Among other things, the Commonwealth Court upheld the process used by the PaPUC in approving the settlement agreements underlying the restructuring orders and the related divestitures by Met-Ed and Penelec of their electric generating facilities. Met-Ed and Penelec do not know whether Rep. George will seek review of the Commonwealth Court's decision. SIGNATURE PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, THE REGISTRANTS HAVE DULY CAUSED THIS REPORT TO BE SIGNED ON THEIR BEHALF BY THE UNDERSIGNED THEREUNTO DULY AUTHORIZED. GPU, INC. METROPOLITAN EDISON COMPANY PENNSYLVANIA ELECTRIC COMPANY By: /s/ T. G. Howson ---------------------------- T. G. Howson, Vice President and Treasurer Date: August 16, 1999